Global Business Process Author: Elena Anderson
Management Market Research and Marketing Manager
Forecast Report 2022-2027 IMARC GroupCopyright © IMARC Service Pvt Ltd. All Rights Reserved
© 2022 IMARC All Rights Reserved
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Report DescriRpetpioornt Description and Highlights
Global Business Process Management Market Research Report 2022-2027:
According to the latest report by IMARC Group, titled "Business Process Management Market:
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global
business process management market to reach a value of US$ 9.2 Billion in 2021.
Business process management generally utilizes various methods for modeling, discovering,
analyzing, improving, measuring, and optimizing business processes. It coordinates the behavior of
systems, individuals, materials and information in order to produce outcomes that support business
strategies. Additionally, it is used for onboarding new employees, managing logistics, loan
processing, compliance management, and customer service.
As a result, it is an effective methodology for creating effective and efficient results in a cost-efficient
manner while increasing the overall productivity and minimizing the chances of risks. Due to
continual technological advancements, there has been a considerable rise in the adoption of
business process management solutions across the globe.
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management-market/requestsample
Report DescriRpetpioornt Description and Highlights
Global Business Process Management Market Trends:
The global market is primarily driven by the increasing need for managing operational business
processes in the corporate sector. Along with this, continuous improvements in the information
technology (IT) industry and the emergence of machine learning, artificial intelligence (AI) and cloud
computing are creating a positive outlook for the market. Moreover, rapid digitization has encouraged
multiple businesses to heavily invest in the deployment of business process management solutions,
which is positively influencing the market growth. Apart from this, the rapid outbreak of coronavirus
disease (COVID-19) has impelled enterprises to adopt the work-from-home models, thereby
strengthening the market growth. Also, the rising need for centralizing business processes has further
propelled market growth. Additionally, the widespread adoption of business process management
solutions across the banking sector for enabling online banking systems to serve its customer efficiently
is driving the market growth. Other factors, including continuous innovations in the service solution,
intensive business competition and extensive research and development (R&D) activities conducted by
key players, are further contributing to the market growth. On account of the aforementioned factors,
the market is anticipated to reach a value of US$ 20.3 Billion by 2027, growing at a CAGR of 14.2%
during 2022-2027.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/business-process-management-
market
Report DescriRpetpioornt Description and Highlights
Key Market Segmentation
The research report includes the following segments:
Breakup by Deployment Type:
•On-Premises
•Cloud
Breakup by Component:
•IT Solution
• Process Improvement
• Automation
• Content and Document Management
• Integration
• Monitoring and Optimization
•IT Service
• System Integration
• Consulting
• Training and Education
Report DescriRpetpioornt Description and Highlights
Breakup by Business Function:
•Human Resource
•Accounting and Finance
•Sales and Marketing
•Manufacturing
•Supply Chain Management
•Operation and Support
•Others
Breakup by Organization Size:
•SMEs
•Large Enterprises
Breakup by Vertical:
•Government & Defense
•BFSI
•IT & Telecom
•Healthcare
•Retail
•Manufacturing
•Others
Report DescriRpetpioornt Description and Highlights
Breakup by Region:
•North America
•Asia Pacific
•Europe
•Latin America
•Middle East and Africa
Competitive Landscape with Key Players:
•Adobe Systems Inc.
•Appian Corporation
•Fabasoft AG
•Hewlett-Packard
•IBM Corporation
•Microsoft Corporation
•OpenText Corporation
•Oracle Corporation
•Pegasystems Inc.
•SAP SE
•Software AG
•TIBCO Software
•Ultimus Inc., etc.
Report DesKceriypQtiuoenstions Answered in the Report
1. How has the global business process management market performed so far and how will it
perform in the coming years?
2. What has been the impact of COVID-19 on the global business process management market?
3. What are the key regional markets?
4. What is the breakup of the market based on the deployment type?
5. What is the breakup of the market based on the component?
6. What is the breakup of the market based on the business function?
7. What is the breakup of the market based on the organization size?
8. What is the breakup of the market based on the vertical?
9. What are the various stages in the value chain of the industry?
10. What are the key driving factors and challenges in the market?
11. What is the structure of the global business process management market and who are the key
players?
12. What is the degree of competition in the market?
Report Description Table of Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Business Process Management Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
Report Description Table of Contents
6 Market Breakup by Deployment Type
6.1 On-Premises
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Cloud
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Component
7.1 IT Solution
7.1.1 Market Trends
7.1.2 Major Types
7.1.2.1 Process Improvement
7.1.2.2 Automation
7.1.2.3 Content and Document Management
7.1.2.4 Integration
7.1.2.5 Monitoring and Optimization
7.1.3 Market Forecast
Click here to visit the complete table of content with list of figures and tables:
https://www.imarcgroup.com/business-process-management-market/toc
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Report DescriRpetpioornt Description and Highlights
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